The London Underground celebrates its much-publicised 150th birthday this week. The system is the oldest in the world – nearly four decades older than any of the world’s other large metro systems – and has been lauded as a model of public infrastructure investment. But how does it measure up to its younger imitators? Read more

Chinese exports grew faster than expected in December, lifting hopes for a prompt recovery from the country’s slowdown. The December reading for exports is certainly good news, but there should be caution in looking at monthly export figures. Read more